Senior Product Control Analyst (LNG, G&P)

Senior Product Control Analyst (LNG, GP)

JOB RESPONSIBILITIES 

  1. Responsible for supervising the LNG Gas Power Analysts to ensure that the LNG Gas Power position and PL reporting and commentary including trading (secondary) costs (accrual, provisions and actuals), are meaningful, transparent and timely;
  2. Responsibility for setup and maintenance of controls and reporting prior to commencement of LNG, Gas and Power operations, and ongoing development thereafter;
  3. Responsibility for reviewing and checking daily physical and paper transactions have been posted correctly, are within Trading Delegations of Authority, and also to ensure the hedging is carried out correctly each day, including hedging of FX;
  4. Controlling and monitoring FX exposures, including development of suitable controls;
  5. Providing management information;
  6. Reviewing market data, substantiating and documenting attribution methodology;
  7. Ensuring integrity of data through the implementation and use of suitable controls;
  8. Development and maintenance of suitable infrastructure in support of business growth;
  9. Calculation/maintenance of fair value adjustments (FVAs);
  10. Oversight and responsibility for the LNG Gas Power month end close process, including MI to accounts reconciliation;
  11. Escalation point for LNG Gas Power, Trading DOA, limit breaches.

QUALIFICATION REQUIREMENTS

Education - Degree in Finance/Banking/Business/Engineering or equivalent

Qualifications - Professional Background - Commodities/Derivatives Product Control and/or Market Risk (or trading)

Working Experience - Minimum 6 years relevant experience

Other Requirements

 - Very strong understanding of risks (i.e. Greeks) and attribution

 - Track record of improving (or devising and implementing) controls

 - Track record of improving existing procedures

 - Experience in LNG, Gas Power products and markets

 - Experience of managing or supporting significant business growth

 - Project management experience

 - Able to take, and maintain, an independent approach and challenge where appropriate.

***Oil Recruitment has been working with some of the world’s leading banks, trading companies, major oil companies and utilities within the energy trading arena since 1998. We work on roles in trading, broking, risk, credit, quantitative analysis, consultancy, shipping, chartering, operations and contract analysis across the upstream and downstream energy markets in crude, oil products, gas, power and carbon.

To learn more about our business and to see details of our other vacancies visit www.oilrecruitment.co.uk

 

November 14, 2013 • Tags:  • Posted in: Financial

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